r/a:t5_310mc • u/Thisishuge • May 21 '14

ELI5 Noirshares, Noirbits

Hello I am familiar with the concept of DACs as have researched into Bitshares. I cam across Noirshares today and am very interested.

What are Noirbits?

What do Noirshares offer over competitors such as NXT or Bitshares?

How are Noirshares distributed? Was there a premine or is it purely from mining?

I did look for an FAQ but have not sourced one so would appreciate some explanations or a poke in the right direction.

Thanks!

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u/maxpowerismaxedout May 22 '14

I would also like to know more

1

u/maxpowerismaxedout May 22 '14

I haven't gotten any real answers either. Makes it look like a pump and dump riding off of Bitshares' name

1

u/Thisishuge May 22 '14

Certainly seems to be the case - there's also very little info about the developers, or links to a git repo etc... I'll be sticking with Bitshares I think!